DENIMMO: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DENIMMO
Largest movements
- Cash -€12,934
down €12,934 (-12.1%), from €107,243 to €94,309
mainly Contributions, distributions and other (-€117,857) and Trade debts (-€5,587)
- Tangible fixed assets -€3,228
down €3,228 (-1.7%), from €192,400 to €189,172
of which Plant, machinery and equipment: -€3,228
- Reserves -€22,276
down €22,276 (-31.6%), from €70,465 to €48,189
of which Distributable reserves: -€22,276
- Other debts +€10,714
up €10,714 (+10.0%), from €107,143 to €117,857
- Trade debts -€5,587
down €5,587 (-90.7%), from €6,162 to €575
- Depreciation -€11,472
down €11,472 (-78.0%), from €14,700 to €3,228
- Gross operating margin +€8,063
up €8,063 (+4.2%), from €190,963 to €199,026
- Taxes +€4,237
up €4,237 (+15.3%), from €27,623 to €31,860
- Other operating charges +€2,566
up €2,566 (+3.9%), from €65,736 to €68,302
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €311,699 | €295,813 | -€15,887 | -5.1% |
| Fixed assets | 21/28 | €192,400 | €189,172 | -€3,228 | -1.7% |
| Tangible fixed assets | 22/27 | €192,400 | €189,172 | -€3,228 | -1.7% |
| Land and buildings | 22 | €189,172 | €189,172 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,228 | €0 | -€3,228 | -100.0% |
| Current assets | 29/58 | €119,299 | €106,641 | -€12,658 | -10.6% |
| Amounts receivable within one year | 40/41 | €12,056 | €12,332 | +€276 | +2.3% |
| Trade receivables | 40 | €12,056 | €12,332 | +€276 | +2.3% |
| Cash at bank and in hand | 54/58 | €107,243 | €94,309 | -€12,934 | -12.1% |
| Total equity and liabilities | 10/49 | €311,699 | €295,813 | -€15,887 | -5.1% |
| Equity | 10/15 | €180,465 | €158,189 | -€22,276 | -12.3% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Capital | 10 | €110,000 | €110,000 | = | 0.0% |
| Issued capital | 100 | €110,000 | €110,000 | = | 0.0% |
| Reserves | 13 | €70,465 | €48,189 | -€22,276 | -31.6% |
| Non-distributable reserves | 130/1 | €11,000 | €11,000 | = | 0.0% |
| Legal reserve | 130 | €11,000 | €11,000 | = | 0.0% |
| Distributable reserves | 133 | €59,465 | €37,189 | -€22,276 | -37.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €131,235 | €137,624 | +€6,389 | +4.9% |
| Amounts payable within one year | 42/48 | €119,179 | €125,292 | +€6,114 | +5.1% |
| Financial debts | 43 | €6 | €0 | -€6 | -100.0% |
| Credit institutions | 430/8 | €6 | €0 | -€6 | -100.0% |
| Trade debts | 44 | €6,162 | €575 | -€5,587 | -90.7% |
| Suppliers | 440/4 | €6,162 | €575 | -€5,587 | -90.7% |
| Taxes, remuneration and social security | 45 | €5,868 | €6,860 | +€992 | +16.9% |
| Taxes | 450/3 | €5,868 | €6,860 | +€992 | +16.9% |
| Other amounts payable | 47/48 | €107,143 | €117,857 | +€10,714 | +10.0% |
| Accrued charges and deferred income | 492/3 | €12,056 | €12,332 | +€276 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,700 | €3,228 | -€11,472 | -78.0% |
| Other operating charges | 640/8 | €65,736 | €68,302 | +€2,566 | +3.9% |
| Gross operating margin | 9900 | €190,963 | €199,026 | +€8,063 | +4.2% |
| Operating profit (loss) | 9901 | €110,527 | €127,496 | +€16,968 | +15.4% |
| Financial charges | 65/66B | €35 | €54 | +€20 | +56.0% |
| Recurring financial charges | 65 | €35 | €54 | +€20 | +56.0% |
| Profit (loss) for the period before taxes | 9903 | €110,493 | €127,441 | +€16,949 | +15.3% |
| Income taxes | 67/77 | €27,623 | €31,860 | +€4,237 | +15.3% |
| Profit (loss) for the period | 9904 | €82,869 | €95,581 | +€12,712 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €82,869 | €95,581 | +€12,712 | +15.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.